Today's Horrible Pending Home Sales Number Was Not About Falling Demandhttp://www.businessinsider.com/inventory-causes-fall-in-pending-home-sales-2013-1/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Wed, 13 Dec 2017 22:37:04 -0500Mamta Badkarhttp://www.businessinsider.com/c/51074f0deab8ea277f000001Addy FernMon, 28 Jan 2013 23:24:45 -0500http://www.businessinsider.com/c/51074f0deab8ea277f000001
You are so right. at the end of the day credit is what drives everything without you are screwed. Don't want to mess around by a fly by night company. Seems like this company has been around forever and this is saying something. http://www.businessinsider.com/c/51072f646bb3f7ce09000001Harry RobinsonMon, 28 Jan 2013 21:09:40 -0500http://www.businessinsider.com/c/51072f646bb3f7ce09000001
Probably because people aren't qulaifying for loans. Bad Credit. It is almost impossible to get a new loan without perfect credit. Now what you need a 780 fico? Make sure you keep your credit in good shape. If you have any negative items fix them ASAP. best to use a good and reputable company. A few out there but use the ones with the best reputation like Lexington Law. They have been in business over 20 years. http://www.businessinsider.com/c/5106b406ecad04e231000019Free John CorzineMon, 28 Jan 2013 12:23:18 -0500http://www.businessinsider.com/c/5106b406ecad04e231000019
the National Association of Realtors is like Barry. They have an excuse and something to blame for each report.
maybe there is no demand because wages are stagnant and nobody works any longer?
<a href="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/trichet/Chart%203_1.jpg" target="_blank" rel="nofollow" >http://www.zerohedge.com/sites/default/files/images/user5/imageroot/trichet/Chart%203_1.jpg</a>http://www.businessinsider.com/c/5106ae816bb3f74013000014Printus MaximusMon, 28 Jan 2013 11:59:45 -0500http://www.businessinsider.com/c/5106ae816bb3f74013000014
Slum lords only buy cheap houses -- of course the inventory of low price houses is drying up - Duh!http://www.businessinsider.com/c/5106a5c0eab8ea9478000010NoSingleOneMon, 28 Jan 2013 11:22:24 -0500http://www.businessinsider.com/c/5106a5c0eab8ea9478000010
If this is a seller's market, it's purely a result of decreased QUALITY inventory in the face of stable demand. There is a lot of crap on the market (and in shadow inventory) no one really wants at current pricing.http://www.businessinsider.com/c/5106a2f969bedd8415000001CleteMon, 28 Jan 2013 11:10:33 -0500http://www.businessinsider.com/c/5106a2f969bedd8415000001
You're absolutely right. Too much credit strain, too little employment security, too hard to get a mortgage unless you still have 20-40% down.http://www.businessinsider.com/c/5106a1baecad04aa0e00000dPapaSwampMon, 28 Jan 2013 11:05:14 -0500http://www.businessinsider.com/c/5106a1baecad04aa0e00000d
...meaning people cannot afford more expensive homes...why? Their buying power continues to decline. Is there some reason people cannot make this connection?http://www.businessinsider.com/c/5106a034eab8ea7b6b000009ss123Mon, 28 Jan 2013 10:58:44 -0500http://www.businessinsider.com/c/5106a034eab8ea7b6b000009
Good news! I shouldn't be underwater on my houses anymore.
Strangely though, I still am. :-/
I think the problem is that people haven't been getting loans and therefore inventory hasn't been increasing, because prices should be going through the roof if there is truly high demand, but they aren't, therefore, low inventory.http://www.businessinsider.com/c/51069fa569beddf006000010Gary AndersonMon, 28 Jan 2013 10:56:21 -0500http://www.businessinsider.com/c/51069fa569beddf006000010
Of course, the hedge funds are still demanding homes but have bought them all up. They suck up everything around them like the Nowhere Man in the Beatles Yellow Submarine. There is more truth about economics in that film than in any film about Wall Street.
Wall Street is the Nowhere Man, keeping houses off inventory and creating a fake demand for the rest.
Shame on Wall Street and NAR. Shame on Yun and his predecessor David, housing never goes down, Lereah.